What happened:
After the low back in June at 0.62, ONDO delivered a 100% rally. As expected after such a move, the price corrected and then settled into a range.
Key question:
Is this strong bounce from support the beginning of the next leg up?
Why I’m bullish:
• The recent reversal from support shows buyers are defending the structure.
• The first leg up measured a clean 100% move, and the current setup mirrors that strength.
• By extension, a second leg of similar length could take ONDO above 1.50.
Trading plan:
• I remain bullish as long as 0.80 holds.
• A continuation from here would confirm that the range is resolved to the upside, opening the path to 1.50+.
Bottom line:
ONDO combines strong fundamentals in tokenized real assets with a healthy technical picture. Support is clear and the potential reward above 1.50 is on the table. 🚀
After the low back in June at 0.62, ONDO delivered a 100% rally. As expected after such a move, the price corrected and then settled into a range.
Key question:
Is this strong bounce from support the beginning of the next leg up?
Why I’m bullish:
• The recent reversal from support shows buyers are defending the structure.
• The first leg up measured a clean 100% move, and the current setup mirrors that strength.
• By extension, a second leg of similar length could take ONDO above 1.50.
Trading plan:
• I remain bullish as long as 0.80 holds.
• A continuation from here would confirm that the range is resolved to the upside, opening the path to 1.50+.
Bottom line:
ONDO combines strong fundamentals in tokenized real assets with a healthy technical picture. Support is clear and the potential reward above 1.50 is on the table. 🚀
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.